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Keeping Hospitals Financially Healthy with an Effective Revenue Cycle Management

Revenue cycle management (RCM) of hospitals can be defined as all functions, including planning, implementation, and evaluation of collecting money from patients. The revenue cycle begins with the first contact (either by letter or telephone) between a patient and the provider or third-party payer (insurance company). It ends when the claims are paid in full. …

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Highly Effective Strategies That Can Make a Business Succeed

Setting up a business can get overwhelming, especially for first-time entrepreneurs with no prior hands-on experience. Business management can be demanding but can also be rewarding once the gears are starting to mesh. However, it takes time, effort, and determination to reach the point of success. But is there a surefire way to make a …

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